By Jorge Otaola

BUENOS AIRES (Reuters) – Argentina’s central bank on Friday made its largest daily dollar sale in nearly six years as it continued to use reserves to support the local currency, meeting strong dollar demand from institutional investors wary of political instability.

The bank’s latest intervention totaled $678 million, its largest for a single day since October 2019, bringing the amount sold in the last three sessions to $1.1 billion.

The bank has been seeking to manage liquidity at the top of its floating exchange-rate band, and Argentina’s economy chief vowed to keep using the monetary authority’s reserves as the local peso hovers at historic lows.

“We’re going to sell every last dollar (of the central bank’s reserves) at the top of the band,” Economy Minister Luis Cap

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